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Budget 2027 Strengthens Sustainability, Climate Resilience Agenda - Kenanga IB

KUALA LUMPUR, Oct 13 (Bernama) -- Budget 2027 reinforces Malaysia’s sustainability policy direction across decarbonisation, climate resilience and social inclusion, said Kenanga Investment Bank Bhd (Kenanga IB).

Budget 2027: Tax Relief To Boost Consumer Spending, Says Rakuten Trade

KUALA LUMPUR, Oct 13 (Bernama) -- Rakuten Trade Sdn Bhd sees the consumer sector as the main beneficiary of Budget 2027, in view of the individual income tax relief that could strengthen spending power among middle-income Malaysians. 

IJM Shares Fall Despite Securing RM1.23 Bln Construction Contract In Kedah

KUALA LUMPUR, Oct 13 (Bernama) -- IJM Corporation Bhd shares fell in early trading today despite its unit securing a RM1.23 billion construction contract in Kedah.

Global Economy To Decelerate To 3.1 Pct In 2026 Before Recovering To 3.4 Pct In 2027 - IMF

KUALA LUMPUR, Oct 13 (Bernama) -- Global growth is projected to decelerate to 3.1 per cent in 2026 from 3.5 per cent in 2025 before recovering to 3.4 per cent in 2027, according to the International Monetary Fund (IMF).  

Govt Yet To Designate Sabah Site For Low-altitude Economy Living Lab - MITI

KUALA LUMPUR, Oct 12 (Bernama) -- The government has yet to designate any location in Sabah as a living laboratory for the Low-Altitude Economy, as a comprehensive assessment is still required.

AlphaESS, DB Energy Partner For AI Data Centre Power Project In Perak

KUALA LUMPUR, Oct 12 (Bernama) -- Alpha ESS Malaysia Sdn Bhd (AlphaESS) has signed a memorandum of understanding (MoU) with DB Energy Sdn Bhd to collaborate on an integrated hybrid power supply system for an artificial intelligence (AI) data centre project in Bagan Datuk, Perak.

iCents Group Secures Semiconductor Facility Project Worth RM36.15 Mln

KUALA LUMPUR, Oct 12 (Bernama) -- iCents Group Holdings Bhd has secured a two-stage semiconductor wafer processing facility project in Selangor with an aggregate potential contract value of RM36.15 million, excluding sales and service tax (SST).

RM2,000 Minimum Wage Agreed Upon, MSMEs Given More Time – Johan

KUALA LUMPUR, Oct 12 (Bernama) -- The RM2,000 minimum wage under Budget 2027 has been agreed upon by the National Wage Consultative Council, which also comprises representatives of workers and employers.

IJM Corporation Bags RM1.23 Bln Construction Contract For AT&S Facilities In Kedah

KUALA LUMPUR, Oct 12 (Bernama) -- IJM Corporation Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted a letter of award from AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd for a design and build contract worth about RM1.23 billion.

Budget 2027 Balances Rakyat’s Needs With Fiscal Discipline - Economist

KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2027 balances addressing the rakyat’s needs with fiscal discipline, but structural reforms are still needed to strengthen Malaysia’s long-term fiscal position, said economists.

Income Tax Deduction Proposed For Sukuk Prisma Issuance Costs

KUALA LUMPUR, Oct 12 (Bernama) -- Income tax deductions are proposed for the issuance cost of Sukuk Prisma approved or authorised by the Securities Commission Malaysia (SC) or lodged with SC for the assessment years 2027 to 2030.

Yuhang Zone Positions Itself As Smart Manufacturing Hub

KUALA LUMPUR, Oct 12 (Bernama) -- The fifth Global Digital Trade Expo was held in Hangzhou, east China’s Zhejiang Province, gathering over 2,000 global companies to showcase cutting-edge applications of artificial intelligence in digital trade.